During the last two decades, profound technological changes have taken place around us, supported by disruptive advances, both on software and hardware sides. An amalgamation of information, communication and AI is taking place, as well as the cross-fertilization of a wide range of concepts, referred to as the digital transformation. As a result of convergence phenomenon, the boundaries between different disciplines are eroding, necessitating a thorough discussion on what the engineering education should be like in the future. In this paper, after presenting a brief history of engineering education, the recent paradigm changes are discussed, which essentially stress that skills must prevail over degrees to deal with challenges posed by the megatrends of the fourth industrial revolution.